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Verkhnechonskoye field produced the 30-millionth ton of oil since the start of exploitation works

21 October 2014

Verkhnechonskoye oil and gas condensate field produced the 30-millionth ton of oil since the beginning of commercial operating in October 2008, when Verkhnechonskneftegaz started supplies of oil to Eastern Siberia - Pacific Ocean oil pipeline.

The record became possible due to effective geologic technical operations and implementation of ground infrastructure development program.

The producing-well stock of 250 units secures the output exceeding 23 Mt of oil per day. Implementation of the drilling cycle and new wells construction optimization program, constant monitoring of productive formation performance and effective work on well process flow pattern maintenance allowed to produce more than 7 mln tons in 2013, which exceeds figures of 2012 by more than 9%.

This year Verkhnechonskneftegaz finished reconstruction of
oil treatment plant (UPN-1). The reconstruction allowed boosting its rated capacity by 25% - to 8 mln tons of oil per year.

Notes for Editors:

Verkhnechonskneftegaz, a subsidiary of Rosneft, was established in 2002, and is engaged into development of the Verkhnechonskoye oil and gas condensate field, situated in the Katagan District of the Irkutsk Region. Verkhnechonskneftegaz is also an operator of geologic exploration works, carried out on Rosneft’s licensed sites, situated in the Irkutsk Region, and of the Kulidinsky site in the Krasnoyarsk Territory.

Information Division
October 21, 2014